PD Pasar Jaya to upgrade 26 markets

PD Pasar Jaya to upgrade 26 markets

JAKARTA: City-owned market operator PD Pasar Jaya plans to
renovate 26 traditional markets.

In cooperation with private companies, it has allocated Rp 260
billion (US$27.27 million) to renovate 18 of the markets.

Speaking on the sidelines of a groundbreaking ceremony for the
Shanta Market in South Jakarta, PD Pasar president director
Prabowo Soenirman said on Friday that the project would start
this year as the Urban Architecture Advisory Team (TPAK) had
approved the renovation of the first 11 markets in the project.

Shanta Market, first constructed in the 1970s, would be
renovated into a three-story building to accommodate 1,100 kiosks
with rental fees ranging from Rp 6.5 million to Rp 16 million per
square meter per year. -- JP